Thread regarding Medtronic Inc. layoffs

Medtronic Layoffs and slashed bonus announcement today makes perfect sense.

Medtronic spent over $6 billion last year on stock buybacks. And spent another $1billion just a month ago. What incredible leadership! They're actively re-structuring the company into a has-been. The company is already replete with B/C grade software engineers and unable to build products with appropriate technology because of lack of talent. Management is vastly redundant with promotions fueled by cronyism. It'll be full of C grade technologists next year--everyone who can't obtain another job.

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| 3241 views | | 6 replies (last March 21, 2023) | Reply
Post ID: @OP+1lE71bst

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"The company is already replete with B/C grade software engineers and unable to build products with appropriate technology because of lack of talent. "

What a condensing remark! Are you a grade D software engineer?

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Post ID: @6tlb+1lE71bst

Following the GE Shrink to Greatness mentality.

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Post ID: @1tkp+1lE71bst

The Colon Crusher! Good Grief. He needs to go.

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Post ID: @1vjl+1lE71bst

There was a slashed bonus announcement today? I didn't see anything, just Jeff confirming we will get "something" earlier this week. I know it's essentially a gift at this point.

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Post ID: @ztz+1lE71bst

The anti-woke commenter who keeps saying the same thing makes me cringe, lol. Get used to diversity or go work in a company without a global presence... I am tired of reading your blatant bigotry and you add no value to this discussion.

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Post ID: @qkm+1lE71bst

Amen! They have ran our talent off to start-ups because it is almost impossible to get organically developed new products to the finish line in the time frames that the business wants because of all the walls that have been put up.

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Post ID: @afo+1lE71bst

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